tag:blogger.com,1999:blog-33693245.post8130941901238836043..comments2024-03-04T23:40:58.133+05:30Comments on The Big Picture: A ray of hope on the NPA problemThe Big Picturehttp://www.blogger.com/profile/06018983225756352176noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-33693245.post-21602656749727634582017-05-15T11:33:05.645+05:302017-05-15T11:33:05.645+05:30Dear Prof.!
Looking forward foryour views on the ...Dear Prof.!<br /><br />Looking forward foryour views on the new NPA resolution mechanism introduced by Govt.<br /><br />DeepakAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-51835782524887789772017-04-11T22:25:46.539+05:302017-04-11T22:25:46.539+05:30But sir the basic premise of capitalism is creativ...But sir the basic premise of capitalism is creative destruction & incumbents would love to maintain their hegemony at any cost.Of course the problem lies somewhere in between bad luck & maleficence but if we are not able to solve this problem decisively this time then it will reappear again & again in some different form. Even irrational exuberance cant go unpunished & we precisely made a mess of our economy during licence raj by giving undue protection to our industrialists and thereby making them lazy & incompetent. Well timing here is equally important as we need to get out of it asap but certainly not via simply recapitalization as suggested by you in The Hindu.Anonymousnoreply@blogger.com